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Showing 531 - 540 of 1305 results for "Surprise"

No board meeting necessary

BENJAMIN ONG  |  THURSDAY, 5 MAR 2015
... benchmark lending rate from 5.9% to 5.6%. The Reserve Bank of Australia (RBA) followed with its own - but not the 'kinder surprise' version - putting a stay on interest rates against majority expectations for a reduction to a new record low of 2.0%. ...

I cut, you cut, I cut

BENJAMIN ONG  |  TUESDAY, 3 MAR 2015
... their 'non-conventional' policies are weakening the yen and the euro versus everybody else. The BOJ and the ECB - and the surprise CB rate cutters - hope and wish and pray that by reducing the cost of borrowing, businesses and consumers would be induced ...

Market wrap

AAP  |  MONDAY, 2 MAR 2015
The share market is higher as miners benefit from a surprise cut to interest rates in China. Phillip Capital senior client adviser Michael Heffernan said the absence of any adverse events on overseas markets, a cut to interest rates by the People's ...

Fight or be beggared by the neighbours

BENJAMIN ONG  |  MONDAY, 2 MAR 2015
... over deflation was also one of the reasons (along with property market slowdown) for the People's Bank of China's (PBOC) surprise rate cut announcement over the weekend. The PBOC cut its benchmark one-year lending rate and one-year deposit rate by 25 ...

Altair AM signs equity mandates

MICHELLE BALTAZAR  |  THURSDAY, 26 FEB 2015
... in-house chief economist, wrote in his February briefing the likelihood of another 25bp rate cut following this month's surprise rate cut. "The RBA recognises a weaker growth outlook than it was forecasting in late 2014. It wants to provide more monetary ...

Say when

BENJAMIN ONG  |  WEDNESDAY, 25 FEB 2015
Yes. No. Maybe. I don't know. This is dear Aunt Janet's answer to the "lift-off" question that everyone has been waiting for - and speculating on -- since the Fed completed its QE taper back in October last year. There was plenty of information in the ...

Mind over matter

BENJAMIN ONG  |  TUESDAY, 24 FEB 2015
... already made preparations for the eventuality. This is indicated by the expanding number of central banks announcing surprise policy easing over the past few weeks. Last week, Bank Indonesia joined this club - the central bank surprises club - when it ...

Pro-active, timely responses avoid SMSF penalties

MARK SMITH  |  THURSDAY, 19 FEB 2015
Responding quickly, honestly and with a realistic plan to correct instances of non-compliance is the best way for self-managed super fund (SMSF) members and trustees to avoid penalties from the ATO. That was the advice dispensed by ATO director of SMSF ...

BOJ optimistic as forever

BENJAMIN ONG  |  THURSDAY, 19 FEB 2015
... about 80 trillion yen." No one really expected any significant move from the BOJ. Surely, not straight after January's surprise announcement of a one-year extension (to March 2016) of its bank lending facility and pro-growth funding facility. Certainly ...

It's raining jobs

BENJAMIN ONG  |  MONDAY, 9 FEB 2015
It's raining jobs...A hallelujah... it's raining jobs! Yes Virginia, I'm sure that you too are excited (and you can't hide it) seeing the latest instalment of the US non-farm payrolls report that showed most measures up. It was all up for the US labour ...